TMSignal Trend Channel V1.0 — Indicator by TioMercado

TMSignal Trend Channel V1.0: Automatically calculates bullish , bearish or lateral channels. %Pearson's R is added for better trend analysis.

Deviations can be configured and adjusted for greater precision in the marked channels.

We hope you like it! Contact us any question or improvement suggestions.

Tio Mercado

Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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